Rupiah Weakens as Markets Expect Prolonged High Fed Rates
The Indonesian rupiah weakened to Rp16,903 per dollar on Friday due to hawkish Fed expectations. Read more about the latest currency updates and market trends.
The Indonesian rupiah weakened to Rp16,903 per dollar on Friday due to hawkish Fed expectations. Read more about the latest currency updates and market trends.
Bank Indonesia intensifies market intervention to stabilize the Rupiah as it hits Rp16,945 per USD. Read the news for Governor Perry Warjiyo's full economic outlook.
Minister of Finances Sri Mulyani Indrawati said that the rupiah’s depreciation beyond Rp16,300 per U.S. dollar is driven by U.S. policies. Learn more.
Bank Indonesia said that the Indonesian rupiah's exchange rate against the U.S. dollar remains stable, with potential for further strengthening. Learn more.